Calls
Institutional Weekly and Daily Supply for CopperDear Family,
I am back with a new chart, the markets overall provided one great opportunity last week, but since banking that setup, not much happened. Patience is
really key in trading, I am more out of the markets than in the markets. Several pairs are shaping up for end this week / next week, one chart I am also looking at
is Copper for a short.
Both the weekly and daily chart are moving towards a clear institutional price area, when this is reached we're all waiting for our 2 type of strategies to develop.
I hope you are finding value in the calls we make, speak to you soon.
Max Nieveld
How I see SPY Playing Out in the Near TermI recently read the first half of technical analysis of the financial markets, and I noticed that SPY had formed a perfect double bottom reversal pattern. Additionally, SPY has broken overhead resistance at 312-313, returned back and it acted as support. Now we will see a final push upward to fill the gap near 323. This may continue higher to close the last gap overhead from the February 19 drop.
In the near term, I think we have a bit of a melt up (not like tesla though), to sucker in more FOMO and buyers. Then we see a 15% pull back to close the gap below at 280.....Queue round 2 of fiscal stimulus, and go long with 1/15/21 calls SPY 400, QQQ 300, TSLA
Looking back at major movements in SPY I have noticed an odd pattern of dates that are 9th, 19th, 29th being the beginning of a major reversal in trends.
Feb 19th, we all know that date, beginning of free fall
(more dates below)
Not financial advice, more for my own record keeping and being held accountable for ideas. Happy to discuss the book if anybody is interested, I have found it quite useful as of late.
Tesla- Waiting for a pullbackTSLA soared to all time highs this week... and though it would be fun to jump in on the action, it just feels like Iwould be entering no man's land to be bullish on TSLA at such a high price. I am going to be watching for a pull back somewhere between the 13 and 21 EMA over the next 7 to 10 days. What goes up, usually comes down. This is one that I will be waiting for in the days to come.
PPL Call signalLong term PPL is still heading back to its 29 price range area I called this in the group chat at 26.09 for short term banking with group members
The group chat is having a 20% sell for the 4th of july ( Use coupon code: "July4" ) and will go on until sunday the 5th. I would , love to see anyone who supports my posts join our group and make even more money with us as we grow richer and richer by the day: If your interested join through DMing me
All you'll have to do is join the discord, then go to free chat room and type upgrade and set up your membership.
And of course Direct message me with any questions you have!
AAPL signal updateLong target is still 400, everything is going well, its going back to retest this weekly support thats been holding strong. 400 is coming soon my friends
I also called this out on the group chat july 1st at around 365, for a good shortish term entry to make quick bank
The group chat is having a 20% sell for the 4th of july ( Use coupon code: "July4" ) and will go on until sunday the 5th. I would , love to see anyone who supports my posts join our group and make even more money with us as we grow richer and richer by the day: If your interested join through DMing me
All you'll have to do is join the discord, then go to free chat room and type upgrade and set up your membership.
And of course Direct message me with any questions you have!
TSLA CallsTSLA broke out, I called this on trading view a week or so ago, and recently called it in the group chat at 1,095 for a great entry point.
Target for TSLA is 1,350
The group chat is having a 20% sell for the 4th of july ( Use coupon code: "July4" ) and will go on until sunday the 5th. I would , love to see anyone who supports my posts join our group and make even more money with us as we grow richer and richer by the day: If your interested join through DMing me
All you'll have to do is join the discord, then go to free chat room and type upgrade and set up your membership.
And of course Direct message me with any questions you have!
HYG Calls SignalGot into HYG through flow bot in the trading group, looked at its chart and it has a lot of potential.
I Called it out at 81.60 in the group chat, made 40% took profits and I am looking for another good entry, target will be 83.97, then 86, then, 86.66, then final is 88
The group chat is having a 20% sell for the 4th of july ( Use coupon code: "July4" ) and will go on until sunday the 5th. I would , love to see anyone who supports my posts join our group and make even more money with us as we grow richer and richer by the day: IF your interested join through DMing me.
All you'll have to do is join the discord, then go to free chat room and type upgrade and set up your membership.
And of course Direct message me with any questions you have!
AAPL Signal UpdateAAPL might breakout soon to $375, its following the weekly trend line very nicely, this signal is still good and you should be in a good bit of profit for anyone still following it, like I am, for all signals always watch for any reversals so you can sell out at a high point and buy back in at a lot point to maximize gains, aka I gave signal out at about 350, sold 367, got back in at around 356, and its now at around 362, tomorrow possible 375, and ill sell it then buy back in at a lower price, just watch for reversal signals, rsi in supply zone, and macd crossing over.
DM me any questions, or if you want to join the paid trading group
TSLA Long Call !Update!If TSLA Drops below $954 then we could see some trouble, tomorrow we will be shown the corona cases, gdp, job report so it will be a very interesting day tomorrow.
MACD is still Bullish, RSI is in a supply zone so It will most likely drop a little more tomorrow until it hits a demand zone again, as long as it holds weekly support you won't need to worry.
Any questions about the signal, or if your interested in the paid trading groups DM me.